secwatch.observer — SEC 8-K summary
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Issuer:     Rivian Automotive, Inc. / DE (RIVN)
CIK:        0001874178
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001874178-24-000016
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rivian unveils R2 SUV (~$45K), R3 crossover; production in Normal, IL saves $2.25B
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- R2 starting price ~$45,000, deliveries expected first half 2026; R3 priced below R2.
- Production of R2 moved to existing Normal, IL plant, saving over $2.25B vs. Georgia launch.
- Total Normal capacity after R2 launch to reach 215,000 units/year across all models.
- R2 reserves open with $100 refundable deposit; R3 and R3X deliveries to follow R2.
- R2/R3 feature up to 300+ miles range, 0-60 in under 3 sec with Tri-Motor variant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874178/000187417824000016/0001874178-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874178/000187417824000016/rivn-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001874178-24-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer